An IMF loan through its stand-by arrangement means SA would have to sign up to conditions. While on the surface it is presented as not being a loss of sovereignty, in reality it is.
By Busi Mavuso
The need for transparency increases dramatically especially when lockdown decisions could destroy the livelihoods of millions of citizens, as the alcohol ban does.
By Busi Mavuso
Quite simply, the restructuring of SAA into a commercially sustainable airline is too expensive for the state to fund.
We extend unwavering support to Business for South Africa (B4SA)’s economic recovery plan in its response to the Covid-19 pandemic and the economic shock it has caused.
With alcohol sales locked down again, South Africa needs to make the economic recovery as urgent as our health response.
By Tebele Luthuli
Access to information is the new way of being in and part of the world in today’s digital age. But this brings its own problems – for which SA is unfortunately inadequately prepared.
The impact of the Covid-19 crisis is becoming ever clearer: business confidence is record low; over 1-million jobs have been lost; and the Reserve Bank is forecasting that GDP will fall by 33% in Q2 of 2020.
Better consultation between all stakeholders in the economy could help avoid some unnecessary pitfalls if SA has to revert to a hard lockdown.
Amid evidence of maladministration and unauthorised expenditure, most municipalities are unable to cope with the Covid-19 pandemic.
An important background issue to get right as we face the Covid-19 crisis is that business and government must work together, while understanding our different functions.
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